"Hugh, it is how the tax cuts are described by Democrats that promulgate the illusion that the tax cuts are only for the wealthy that is the problem."
The OMB has also weighed in. The cuts heavily favor the rich through the use of corporate cuts, AND those cuts are permanent while the individual cuts expire in 2024. I looked at the "quiz", and it seemed slanted to one side. I stopped looking when I hit the lie that a family of 4 would get about $2700 in cuts (not sure of the exact number) this year - the only ones trying to sell that piece of pablum are the GOP.
The cuts have not done what they were promised to do for the middle class - companies have taken their windfall and instead of letting it trickle down to the workers as they said would happen, companies have laid off employees, bought back stock, and in some cases moved production offshore. There has been no significant increase in hiring atributabe to the cuts, and wages are stagnent. That money the middle class thought it was going to see in the weekly paycheck? Gone due to the effects of increasing inflation being caused by trump's idiotic trade war.
But all is not lost. There's a reason Trump walked into the dining room at Mar-a-Lago the night he signed the bill and announced to his friends, "You've all just become a lot richer." |
